Dynamic analysis of British demand for tourism abroad

被引：11

作者：

Lyssiotou P. ^{[1
]}

机构：

[1] University of Cyprus, 1678 Nicosia

来源：

Empirical Economics | 2000年 / 25卷 / 3期

关键词：

Demand for tourism; Habit persistence; Preference endogeneity;

D O I：

10.1007/s001810000025

中图分类号：

学科分类号：

摘要：

This paper investigates how preference endogeneity, in the form of habit persistence, can affect short-run and long-run tourism expenditure decisions. The proposed model is applied to British quarterly data over the period 1979-91 and the empirical results suggest that preference endogeneity appears to have an important effect. This has policy implications for countries competing for British tourist arrivals. The differences between the short-run and long-run price and budget elasticities which are implied by habit persistence are also investigated.

引用

页码：421 / 436

页数：15

共 16 条

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